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Bank Statement Quiz

Government accountants work in the public ........., maintaining and monitoring the recordkeeping of government departments and agencies.

........ accountants record and analyze the financial information of the firms in which they are employed.

Many work closely with law enforcement officers and lawyers during investigations and often appear as ......... witnesses during trials.

Some accountants specialize in ......... accounting — investigating white-collar crimes such as securities fraud and embezzlement.

Public accountants, many of whom are CPAs, generally have their own companies or work for major accounting firms.

Nowadays, accountants are ......... the services they offer with budget analysis, investment planning, and IT consulting.

Purchases of machinery entered in the purchases account is an example of an error of:

Accounting standards set out the broad rules which govern financial reporting but do not lay down the detailed accounting treatments of transactions and other items. True or False?

Which of the following is not a reason why the bank statement balance and the bank balance on the cashbook may not be the same after the cashbook has been updated for items found on bank statement?

Most accounting positions require a bachelor's degree in accounting or a related field or ......... combination of education and experience.